India: 2016 Notes - Raghuram Rajan

[Vivek]

Creating new topic to keep watch on notes released in 2016.
Not see any circulation till date from RBI.
Vivek

[dheer]

Will it be you again to get the first note or someone else ...

[Vivek]

https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36050

As a part of its endeavor to continually improve design/security features of the banknotes and to deter counterfeiting activities, Reserve Bank of India recently introduced bank notes in ₹ 100, 500 and 1000 denominations with ascending size of numerals in number panels. This feature was already explained in the press releases Nos.(i) 2014-2015/2750 dated June 25, 2015, (ii) 2015-2016/343 dated August 7, 2015, (iii) 2015-2016/466 dated August 21, 2015, respectively when these notes were issued for the first time. Subsequently, banknotes in ₹ 500 and ₹ 1000 denominations having two more features (in addition to the ascending size of numerals) i.e. bleed lines, and enlarged size of identification mark have also been introduced, as detailed in our press release No.2015-2016/725 dated September 22, 2015.
Reserve Bank of India will now put into circulation ₹ 100 denomination banknotes incorporating all the aforesaid three new/ revised features, namely, ascending size of numerals in the number panels, bleed lines, and enlarged identification mark, in addition to the existing ones, in the Mahatma Gandhi Series-2005. The salient highlights of the features are-
Ascending size of numerals in numbering panels:
Numerals in both the number panels of these banknotes will be in ascending size from left to right, while the first three alpha-numeric characters will remain constant in size.
Bleed lines:
With a view to facilitating identification of denomination of the banknote by visually impaired persons, ₹ 100 banknotes will have a total of four angular bleed lines in two sets of 2-2 lines on the obverse on both the left and right -hand edge of the bank note.
Enlarged Identification Mark:
The existing identification mark (triangle) near the left edge of the banknote has been enlarged.
An illustration of ₹ 100 denomination banknote with these features is given below:

The instant notes will have the inset letter 'E' in the number panels. The notes will bear the signature of Dr. Raghuram G. Rajan, Governor. The year of printing (2015) appears on the reverse.
Needless to mention, ₹ 100 denomination banknotes with numerals in ascending size in number panels only (without bleed lines and enlarged identification mark) will remain in circulation concomitantly with the banknotes with all three features being issued now.
All the banknotes in this denomination issued hitherto by Reserve Bank of India will continue to be legal tender.
Ajit Prasad
Assistant Adviser
Press Release : 2015-2016/1733

Vivek

[dheer]

Great. Hopefully it will reduce fakes and at the same time help visually impaired.

[Vivek]

https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36048
RBI to issue ₹500 banknotes with inset letter 'E', ascending size of numerals in number panels, bleed lines and enlarged identification mark

The Reserve Bank of India will shortly issue ₹ 500 denomination bank notes with three additional/revised features in the
Mahatma Gandhi Series-2005, with inset letter 'E' in both the numbering panels, bearing the signature of Dr. Raghuram G.
Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote.

The design of these notes to be issued now is similar in all respects to the ₹ 500 Banknotes in Mahatma Gandhi Series-2005 issued earlier. These notes will, however, have ascending size of numerals in the number panels, bleed lines, and enlarged identification mark, on the obverse. The notes with these features were introduced for the first time in September 2015.

Reserve Bank of India had earlier issued 500 denomination notes with the same inset letter in August 2015 with the ascending size of numerals in the number panels but without bleed lines and enlarged identification mark. These bank notes will remain in circulation concomitantly with the bank notes being issued now.

All the Banknotes in the denomination of ₹ 500 issued by the Bank in the past will continue to be legal tender.

[Vivek]

New features


Vivek

[augsburger]

So 500 and 1000 have the lines at the top, the 100 further down, is there a reason the lines for 500 and 1000 weren't put in different places?

[dheer]

Could be to avoid confusion between Rs1000 and Rs100 notes

[Vivek]

https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36131

The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes with three additional/revised features in the Mahatma Gandhi Series-2005, with inset letter 'R' in both the numbering panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the banknote.
The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Mahatma Gandhi Series- 2005 issued earlier. These notes will, however, have ascending size of numerals in the number panels, bleed lines, and enlarged identification mark, on the obverse. Such ₹ 100 banknotes with all three features (with a different inset letter) have already been put into circulation recently.
Reserve Bank of India had earlier issued ₹ 100 denomination banknotes with the same inset letter ('R') in June 2015 with the ascending size of numerals in the number panels but without bleed lines and enlarged identification mark. These banknotes will remain in circulation concomitantly with the banknotes being issued now.
All the banknotes in the denomination of ₹ 100 issued by the Bank in the past will continue to be legal tender.
Ajit Prasad
Assistant Adviser
Press Release : 2015-2016/1814

[Vivek]

https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36496

Date : Mar 16, 2016
RBI to issue of ₹ 10 banknotes with inset letter 'C'

The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter 'C' in both the number panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. The year of printing '2016' appears on the reverse of the banknote.

The design of these banknotes to be issued now is similar in all respects to the ₹ 10 banknotes in Mahatma Gandhi Series-2005 issued earlier.

All the banknotes in the denomination of ₹ 10 issued by the Bank in the past will continue to be legal tender.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2179

Vivek

[Vivek]

RBI to issue of ₹ 20 banknotes with inset letter 'A'

The Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter 'A' in both the number panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. The year of printing '2016 ' appears on the reverse of the banknotes.

The design of these banknotes to be issued now is similar in all respects to the ₹ 20 banknotes in Mahatma Gandhi Series- 2005 issued earlier.

All the banknotes in the denomination of ₹ 20 issued by the Bank in the past will continue to be legal tender.

Ajit Prasad
Assistant Adviser

https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36497

Vivek
Press Release : 2015-2016/2180

[dheer]

Interesting use of "A" inset is back after quite sometime and for the first time since the year is being printed on back.

[Bimat]

Interesting use of "A" inset is back after quite sometime and for the first time since the year is being printed on back.

What is so special about inset letter 'A'?

Aditya

[dheer]

What is so special about inset letter 'A'?

Aditya

Nothing special. Some insets are commonly used, some are not so common. The "A" inset on Rs 20 is back after 10 years.

[Vivek]

Date : Mar 29, 2016
Issue of ₹ 1 denomination currency notes with Rupee symbol (₹) and the inset letter 'L'

The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination. The notes have been printed by the Government of India.

These currency notes are legal tender as provided in The Coinage Act 2011. The existing currency notes in this denomination in circulation will also continue to be legal tender.

Dimensions and composition of One Rupee Currency Note as indicated in the Notification No G.S.R. 192(E) dated February 22, 2016 by the Ministry of Finance, Department of Economic Affairs, published in the Gazette of India–Extraordinary-Part –II-Section 3-Sub-section (i), No. 124 dated February 24, 2016 will be :
Denomination of Note    Shape and Size    Paper Composition
One Rupee Currency Note    Rectangular 9.7 x 6.3 cm    100 per cent (Cotton) Rag Content
          Weight of Paper:- 90 GSM (Grams per Square Meter)
Thickness of Paper:- 110 microns
Multi tonal Watermarks :-
(i) Ashoka Pillar in the window without words 'सत्‍यमेव जयते'
(ii) Hidden Numeral '1' in the centre
(iii) Hidden Word 'भारत' vertically arranged on right hand side.

The design of the One Rupee Currency Notes will be as under:

Obverse: It contains the words 'भारत सरकार' above the words "Government of India" with the bilingual signature of Shri Ratan P. Watal, Finance Secretary and with the replica of New Rupee One coin with ₹ symbol of 2016 issued with 'सत्‍यमेव जयते' and capital insert letter 'L' in numbering panel. The numbering will be in black at right hand bottom portion of the note.

Reverse: It contains the words 'भारत सरकार' above the words "Government of India" with the year 2016 on the representation of One Rupee coin with ₹ symbol having floral design and the surrounding design will consist of the picture of 'Sagar Samrat' - the oil exploration platform and with the authentic rendering of value in fifteen Indian language in language panel and the year figure shown on the centre bottom in international number.

Overall Colour Scheme: The colour of one Rupee Currency Note will be predominantly pink green on obverse and reverse in combination with others.

Ajit Prasad
Assistant Adviser

https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36599

Vivek